Sweet $40M for SugarCRM

August 22, 2013

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SugarCRM, a customer relationship management platform, has received a $40 million investment from Goldman Sachs. The company will use the capital to further expand its global reach and continue its momentum of “15 consecutive quarters of growth.” SugarCRM, which has raised about $120 million in funding to date, added over 600 new customers in 2Q 2013.